How much more are scott and jen paying in interest

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Problem 1: How much more are Scott and Jen paying in interest with no down payment, even though they bought a cheaper house? (Use the mortgage calculator.)

Problem 2: How much do they save in a year on their monthly payments if they buy the $189,000 house with 20% down?

Problem 3: How much would Scott and Jen have for furniture if they bought the less expensive house and put 20% down on that?

Reference no: EM132915538

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